From Russia's Don Agro to SGX's Catalist with love
The wheat and raw milk producer plans to use IPO proceeds to expand land bank, among others
Add BT as a preferred source
Singapore
AGRI and dairy firm Don Agro International is hoping to get some love as it makes a Valentine debut on Singapore Exchange's Catalist on Friday and becomes the first Russian firm to list its shares on the local bourse.
The S$5.1 million initial public offering (IPO) involving new placement shares priced at 22 Singapore cents a piece is a big deal for the firm, which operates winter wheat, sunflower and dairy cattle farms in southern Russia's black-soil blessed Rostov region.
TRENDING NOW
Jardine C&C selling Singapore, Malaysia dealerships to Indonesia’s Chandra Asri for US$221 million gain
Singapore’s AI boom is lifting GDP. Who gets carried along?
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
From sales executive to DBS chairman: A look at banking veteran Peter Seah’s career
